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Bank guarantee

Contract between a bank as guarantor and a beneficiary in which the bank commits itself to pay a certain sum under certain, specified conditions. Thus, a demand guarantee is one in which the bank agrees to pay against the simple written demand of the beneficiary.

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How to play safe with equity investments

14-10-2014| Source:Moneycontrol.com

While there is no single rule that can guarantee safety in equity market investments, following a dedicated and principled path can make sure the investment has a higher chance to stay safe and offer

With world economy stuttering, govts urged to open purse

10-10-2014| Source:Reuters

The effort comes as six years of crisis fighting have lapsed with little guarantee the world economy is on a stable footing. Germany is in danger of slipping into recession, China has slowed, and US

Govt notifies New Urea Investment Policy

08-10-2014| Source:PTI

According to the policy, interested private companies are required to give a bank guarantee of Rs 300 crore for every project, while PSUs firms have been exempted from it.

BSE tweaks minimum base capital rules

29-09-2014| Source:PTI

Brokers have been asked to ensure that at the time of renewals of fixed deposits (FDs) and bank guarantees (BGs) given as collateral to the clearing corporation, such amounts (to the extent

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